Brazil Plans a Shift in Its Strategy

By

John Lyons,

Luciana Magalhães and

Matthew Cowley

Updated Jan. 4, 2013 6:54 p.m. ET

BRASILIA—Brazil is shifting gears in its effort to revive its troubled economy, away from aggressive currency and interest-rate policies to a more hands-off approach, Finance Minister Guido Mantega said in an interview.

"In 2013 we will reap what we have sown," he said, predicting a return to strong growth after two years in the doldrums. "2013 will be calmer, with fewer measures, because they've been done."